the higher this goes the more likely it is that the lucky holders of the 3c placement shares will take some profit off the table.at current prices,they have more than trippled there profits,not to mention the free 2 for one attaching option!!!i would suggest many will take these substantial profits,and may sit on the free options,therefore still having exposure to any future upside,and be completely free carried!it would only take one seller dumping say 5million shares and locking in these sustantial profits,to take out all the buyer lines back to 6cents,and when that starts to happen,other 3c holders will get nervous and sell.seen it all before....
ECM Price at posting:
49.0¢ Sentiment: Buy Disclosure: Not Held
